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Gibraltar to Become First Nation to Regulate ICOs

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Gibraltar to Become First Nation to Regulate ICOs
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The tiny nation of Gibraltar is about to implement the world’s first laws governing initial coin offerings (ICOs), according to Reuters. ICOs have proven to be a popular new method of fundraising for startups, collecting a total of $3.7 bln last year. However, they are fraught with concerns as well. Opponents allege weak investor protections and violations of securities laws.

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